Question: To settle a $570 invoice, Anna can pay $560 now or the full amount 60 days later. Which alternative should she choose if money can

To settle a $570 invoice, Anna can pay $560 now or the full amount 60 days later. Which alternative should she choose if money can earn 10 ¾ %? What rate would money have to earn for Anna to be indifferent between the alternatives?

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